Consumer Price Index (CPI) indicates a 2.9% annual increase, up from 2.7% in November, aligning with market expectations.
December's CPI inflation data was in the process of producing the biggest one-day drop in Treasury yields since late November, leaving market-based rates on course for a second day of declines. The ...
JPMorgan Chase executives are hoping to tackle the massive growth in the number of employees working at the country’s biggest bank. Jeremy Barnum, chief financial officer, told analysts during a ...
Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...
Weakening rupee poses inflation threat, impacting import bill and rate review deliberations by RBI's Monetary Policy ...
Inflation is stuck well above 2%. So why are investors celebrating? At first glance, there was little to cheer in the December inflation data. The Consumer Price Index rose 2.9% from a year earlier, ...
Bitcoin rose modestly early Wednesday after investors reacted to the latest U.S. inflation reading. The world’s largest ...
BlackRock ( BLK) stock popped after quarterly profit jumped over 20% as assets hit a record $11.6 trillion. Goldman Sachs ( ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury c ...